For millions of seniors nationwide, Medicaid provides a safety net for people who find themselves requiring long-term care. Most Americans aged 65 and older – roughly 70 percent – will need these kinds of services in their later years, according to research....
Since its enactment in 1965, the Older Americans Act (OAA) has guided the priorities and operations of key programs and services for the benefit of older adults across the United States. The OAA’s primary objective is to promote the well-being, dignity, and...
From the Internal Revenue Service (IRS) — Individuals who are age 50 or over at the end of the calendar year can make annual catch-up contributions. Annual catch-up contributions up to $7,500 in 2023 and 2024 ($6,500 in 2021-2020; $6,000 in 2015 – 2019) may be...
Happy Holidays! We recently released the December 2024 newsletter from R. F. Meyer & Associates. If you did not receive it by email, please see the link below to access in PDF form from our website. Our articles this month present legal news updates on...
The Qualified Medicare Beneficiary (QMB) Program is one of four types of Medicare Savings Programs. The QMB program is also the most comprehensive of the four, as it helps individuals with limited income and assets pay not only for Medicare Part A and B premiums, but...
Hoarding disorder disproportionately affects older adults, according to the United States Senate Special Committee on Aging. While about 2 percent of the general population struggles with accumulating too many objects, hoarding impacts over 6 percent of people aged 65...
